Notes to SEFA
Title: GENERAL
Accounting Policies: The Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all applicable federal
award programs of Education Service Center, Region 20 (the Center). The Center’s reporting entity is
defined in Note I of the financial statements. Federal awards received directly from federal agencies, as
well as federal awards passed through other government agencies, are included on the SEFA.
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use a de minimis cost rate as described at 2 CFR §200.414(f)—Indirect (F&A)
costs.
The Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all applicable federal
award programs of Education Service Center, Region 20 (the Center). The Center’s reporting entity is
defined in Note I of the financial statements. Federal awards received directly from federal agencies, as
well as federal awards passed through other government agencies, are included on the SEFA.
Title: BASIS OF ACCOUNTING
Accounting Policies: The Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all applicable federal
award programs of Education Service Center, Region 20 (the Center). The Center’s reporting entity is
defined in Note I of the financial statements. Federal awards received directly from federal agencies, as
well as federal awards passed through other government agencies, are included on the SEFA.
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use a de minimis cost rate as described at 2 CFR §200.414(f)—Indirect (F&A)
costs.
The SEFA is presented using the modified accrual basis of accounting. The Center’s significant accounting
policies, including the modified accrual basis of accounting, are presented in Note I of the basic financial
statements. The SEFA is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for
Federal Awards (Uniform Guidance). Therefore, some of the amounts presented in this schedule may differ
from amounts presented in, or used in the preparation of, the financial statements.
Title: INDIRECT COSTS
Accounting Policies: The Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all applicable federal
award programs of Education Service Center, Region 20 (the Center). The Center’s reporting entity is
defined in Note I of the financial statements. Federal awards received directly from federal agencies, as
well as federal awards passed through other government agencies, are included on the SEFA.
De Minimis Rate Used: N
Rate Explanation: The Center did not elect to use a de minimis cost rate as described at 2 CFR §200.414(f)—Indirect (F&A)
costs.
The Center did not elect to use a de minimis cost rate as described at 2 CFR §200.414(f)—Indirect (F&A)
costs.